Use of Machineries: Advantages and Disadvantages | Production | Economics

In this article we will discuss about the advantages and disadvantages of use of machineries in production. Advantages of the Use of Machineries: There are several advantages in the use of machineries — the chief of which are the following: (a) Large-scale production of goods owing to the power of machines to multiply products (e.g., mass production of different varieties [...]